Wnat price shareholder value?

FT reported that Microsoft had to pay US46bn more than it planned to because of a competing bid.

The high price that Microsoft ended up paying could now lead to deeper cost-cutting at LinkedIn after the deal is completed. Microsoft chief executive Satya Nadella warned Jeff Weiner, his counterpart at LinkedIn, during the bidding that “a discussion of cost synergies in the transaction would be necessary” as Microsoft pushed its offer higher.

Well hopefully those who lose their jobs have share options to cushion the loss of their jobs.